subscription commerce

The use of a recurring, usually monthly, payment business model so consumers and businesses can access products and services on a regular basis. The most popular subscription commerce businesses are streaming services (e.g. Spotify, Netflix), digital media (e.g. Wall Street Journal, Bloomberg), “box of the month” categories (e.g. StitchFix, Barkbox, FabFitFun). Businesses use the subscription commerce model to make access to valuable products more affordable by eliminating the need to make a one-time purchase, e.g. Salesforce, Microsoft Office, fraud and security software).
Zoho Launches Flexible Billing Platform
Zoho Launches Flexible Billing Platform
September 13, 2023  |  B2B Payments

Zoho has introduced Zoho Billing, an expanded version of its current application, Zoho Subscriptions. The new Zoho Billing is designed to provide growing businesses with greater flexibility...

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Adobe Unveils Commercial AI Product And Plans Price Hikes
Adobe Unveils Commercial AI Product And Plans Price Hikes
September 13, 2023  |  artificial intelligence

Adobe has unveiled a series of generative artificial intelligence (AI) tools for its software. The company on Wednesday (Sept. 13) announced the commercial release of Firefly, its suite...

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Apple’s New Launches May Drive Shift to Services Ecosystem
Apple’s New Launches May Drive Shift to Services Ecosystem
September 11, 2023  |  Apple

For Apple, Tuesday (Sept. 12) will mark the latest launch of its latest slate of hardware updates. And while the world will be watching and...

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Apple TV Subscriptions Surge Shows How Familiarity Can Breed Retail Subscriber Growth
Apple TV Subscriptions Surge Shows How Familiarity Can Breed Retail Subscriber Growth
September 08, 2023  |  Subscription Commerce

Retail product subscriptions have become increasingly popular among consumers, offering convenience and personalized experiences. And as the subscription industry continues to grow, providers are expanding...

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Anthropic Introduces Monthly Subscription Plan for AI Assistant
Anthropic Introduces Monthly Subscription Plan for AI Assistant
September 07, 2023  |  artificial intelligence

Anthropic has introduced a paid plan for its artificial intelligence (AI) assistant, Claude.  The Claude Pro plan offers subscribers five times more usage of the AI assistant, which is...

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Mystery Box Mystique Keeps 20% of Gen Z Subscribers Signed Up
Mystery Box Mystique Keeps 20% of Gen Z Subscribers Signed Up
September 07, 2023  |  Subscription Commerce

Consider it another form of splurge for the young generation, which represents an oversized share of segment subscribers.  Mystery boxes, where subscribers get “surprised” with items focused...

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Retail Subscribers Twice as Likely to Sign Up for Enjoyment Over Cost
Retail Subscribers Twice as Likely to Sign Up for Enjoyment Over Cost
September 06, 2023  |  Subscription Commerce

The most lucrative retail subscription customers are discerning consumers who fall into two groups: multi-model subscribers with a balanced portfolio of different subscription types and...

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Smucker’s Aims to Gain Share From Coffee Shop QSRs With at-Home Alternatives
Smucker’s Aims to Gain Share From Coffee Shop QSRs With at-Home Alternatives
August 29, 2023  |  Restaurant innovation

As consumers look for more affordable alternatives to their day-to-day small luxuries, The J.M. Smucker Company is stepping up its at-home coffee offerings, providing lower-priced...

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Trustly to Acquire SlimPay to Build Pan-European Recurring Payments Service
Trustly to Acquire SlimPay to Build Pan-European Recurring Payments Service
August 29, 2023  |  Acquisitions

Trustly plans to acquire SlimPay with the goal of revolutionizing the recurring payments experience for merchants and consumers across Europe and the United Kingdom. By combining Trustly’s global...

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